Travis Delly | UMe IDX

Travis Delly

Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail	Assumable Loan Assumable · FHA	Assumable Loan + Second Assumable · FHA	Current Market Conventional New · Conventional
Loan amount	$99,763	$99,763	$315,000
Remaining term (yrs)	38.5	38.5	30.0
Secondary amount	$0	$215,237	$0
Funding fee	$0	$0	$0
Note rate	6.870%	6.870%	7.400%
Blended rate	7.420%	7.645%	7.640%
1st payment	$614.62	$614.62	$2,181.00
2nd payment	$0.00	$1,390.07	$0.00
Taxes / mo	$358.75	$358.75	$358.75
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$46.03	$46.03	$63.00
HOA / mo	$4.83	$4.83	$4.83
Total monthly	$1,174.23	$2,564.30	$2,757.58
Cash to close	$250,237	$35,000	$35,000